Schneider National, Inc. (SNDR) Acquires Cowan Systems
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Schneider’s Dedicated momentum continues to build with latest acquisition of Cowan Systems, LLC
November 25, 2024 11:00 AM ESTGREEN BAY, Wis.--(BUSINESS WIRE)-- Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced today the company, through certain wholly owned subsidiaries, has entered into a definitive agreement to acquire Cowan Systems, LLC and affiliated entities (collectively, Cowan Systems), for a cash purchase price of approximately $390 million, subject to certain adjustments. The sale includes separate agreements to purchase certain real estate assets relating to Cowan Systems business for approximately $31 million in cash.
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